[ANN] Ethereum: Welcome to the Beginning

[Machman]

I download new Eth wallet 1.4.17, should I delete chain data? It's not stuck, but it's syncing like a turtle. I'm a 2,383,000 

Same issue here unfortunately. Taking absolutely forever.

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[TrueAnon]

JPMorgan Chase Looking to Ethereum Blockchain (JPM)


http://www.investopedia.com/news/jpmorgan-chase-looking-ethereum-blockchain-jpm/

JPMorgan Chase & Co (JPM) has announced that it is experimenting with using the architecture of the ethereum blockchain to create novel financial solutions for itself and its customers. According to media source Coindesk, the project was unveiled last month, and was more recently demonstrated during an industry convention in Geneva. This follows other blockchain-related announcements from competitors such as Bank of America Corp (BAC)—which is partnering with Microsoft (MSFT) and UBS Group Inc. (UBS)—in collaboration with International Business Machine Corp (IBM). (For more, see: Bitcoin Vs Ethereum: Driven by Different Purposes.)

JP Morgan's Ethereum Implementation
JP Morgan is using a private (non-public) iteration of the smart-contract focused ethereum protocol, in a system it is calling Quorum. It was developed in partnership with blockchain startup EthLab, and it is one of the first projects to come out of an innovation lab within JP Morgan known as the Blockchain Center of Excellence. Of course, the bank will keep much of Quorum's intellectual property to itself, but it is creating a developer's kit (SDK) to allow outside programmers the chance to build off of the platform. They also plan to bring other financial firms into the fold. Amber Baldet, program lead for the Quorum division, explained, "while our current applications using Quorum function within JP Morgan, releasing the software is an important stepping stone to launching projects with other organizations."

Quorum is now the second major blockchain offering to come out of JP Morgan. Earlier this year, the bank showcased a platform called Juno, meant to be a "distributed crypto-ledger" to enable quick value transfers between network parties. Quorum is novel in that by using ethereum as a backbone, it can add logic and scripting to its platform via smart contracts. Smart contracts are decentralized, self-executing pieces of code that do not need the mediation of a third-party—such as a stock exchange, legal system or government regulator. This may help the bank and its partners cut down on administrative costs, legal and regulatory oversight, and increase transparency. (For related reading, see: Blockchain Technology To Revolutionize Traditional Banking.)

The Bottom Line
JP Morgan has announced its second entrant into the blockchain fray, this time utilizing the smart contract enabled ethereum blockchain in creating a system called Quorum. Meant to lead to further collaboration, the company is allowing outside developers to tinker with it via an SDK as well as seeking partners from within the financial sector.

Even if happens (who knows when) I doubt this means much at all.
WBB has companies ready go start using it in the next month! LOL

[bitpop]

Chase is using a private chain, they're not answering to master butterin

[IncludeBeer]

How to view different tokens I've bought? Specifically, REP and ICONOMI?

Bump! I'd like to view them in my Ethereum wallet.  Something about adding the contract info?  Any help or a link to existing instructions would be appreciated 

[Febo]

How to view different tokens I've bought? Specifically, REP and ICONOMI?

Bump! I'd like to view them in my Ethereum wallet.  Something about adding the contract info?  Any help or a link to existing instructions would be appreciated  

As i know ICONOMI dont exist yet. Or actually they said will send 1 test ICN today. Not sure about REP.

Both are tookens on ETH. Here is a tutorial how to open Nexium tooken.

http://beyond-the-void.net/index.php/tuto-token/


You just need REP and ICN tooken contract address. That should be provided by tooken publisher so Jani in ICN case, have no ideas who published REP.

[adamvp]

With it your etc or eth wallet will start to sync again.
It sync a bit slow but sync.
Thank you very much by share the solution to,
(https://www.reddit.com/r/EthereumClassic/comments/572vx9/etc_network_issues_discussion/).
 

Could someone show what it should be set, preferably in English version ? Fixed amount or so?

Why does no-one who posts on this ANN ever use youtube

Download latest Geth and Mist wallet from the Ethereum link to Github.

Open up CMD program on Windows 10 or whatever Windows OS you are using

And, follow the instructions in this youtube clip, but change the names to latest Geth and Mist version you downloaded:

https://www.youtube.com/watch?v=e7d2WqX97EA

Good method with command line

Code:

 geth removedb

instead of looking for database folder manualy, however I'd personally preffer not to sync eth till resolve will be found.. because I should resync from scratch every day or more often with this  continuous attacks and problems...

[thevictimofuktyranny]

Yeah, "adamvp"

I'm using Parity and Geth(Mist) wallet, which does not need the entire blockchain re-downloaded because of these ongoing network attacks, as temporary fix for my weekly ETH usage.

Hopefully, the developers will bundle together a set of innovations and improvements in a major release or hard fork that makes these current network attacks disappear from Geth(Mist) landscape.

Then, everyone can get back to the happy-go-lucky and blue-sky dreamy Ethereum from earlier this year and 2015

[bitcampaign]

still have a problem on ETHEREUM, somehow the problem continues to occur on the network ETH

[wallflies]

 

https://blog.ethereum.org/2016/10/13/announcement-imminent-hard-fork-eip150-gas-cost-changes/

Announcement of imminent hard fork for EIP150 gas cost changes

 Posted by Martin Swende on October 13th, 2016. 

During the last couple of weeks, the Ethereum network has been the target of a sustained attack. The attacker(s) have been very crafty in locating vulnerabilities in the client implementations as well as the protocol specification.

While the recent patches have led to an overall increased resiliency in the client implementations, the attacks have also demonstrated that a lower-level change to the EVM pricing model is needed.

For many users, the most visible consequence is probably that they are having difficulties getting transactions included in blocks, and full nodes are facing memory limitations in managing the bloated state.

This is our strategy to address these issues:
◾As a temporary measure to minimize the effects of the most recent attack, we recommend all miners to lower the gaslimit to 500K gas.
◾A hard-fork based on EIP 150 version 1c will be put into effect at block 2457000. This will reprice certain operations to correspond better to the underlying computational complexity.
◾A second hard-fork will follow shortly after, aimed at reverting the current “state-bloat” introduced by the attacks. This second fork will serve to remove accounts which are empty; lacking code, balance, storage and nonce == 0.

We have implemented the changes required in the clients and are currently extending and adding tests in an effort to prevent the introduction of consensus-breaking vulnerabilities.

[IncludeBeer]

How to view different tokens I've bought? Specifically, REP and ICONOMI?

Bump! I'd like to view them in my Ethereum wallet.  Something about adding the contract info?  Any help or a link to existing instructions would be appreciated  

As i know ICONOMI dont exist yet. Or actually they said will send 1 test ICN today. Not sure about REP.

Both are tookens on ETH. Here is a tutorial how to open Nexium tooken.

http://beyond-the-void.net/index.php/tuto-token/


You just need REP and ICN tooken contract address. That should be provided by tooken publisher so Jani in ICN case, have no ideas who published REP.

Thanks, those are exactly the kind of directions I was looking for!  I realize ICN isn't sent out yet, but wanted to know how to do this ahead of time.  REP is the token for Augur, and that team has already sent REP to the token holders.  Now I just need to go find the contract address so I can watch the REP token in my wallet...

[Palakka]

still have a problem on ETHEREUM, somehow the problem continues to occur on the network ETH

this is ddos attack
it will be fixed soon. so please be more patience.

[Tony Long]

Download BcdnMiner for windows V0.01

[noobtrader]

How to view different tokens I've bought? Specifically, REP and ICONOMI?

Bump! I'd like to view them in my Ethereum wallet.  Something about adding the contract info?  Any help or a link to existing instructions would be appreciated  

try

https://www.myetherwallet.com

http://blog.augur.net/2016/10/04/augur-rep-is-live-access-guide/  

It has been some days since I downloaded the Ethereum Wallet and it took ages to be synced and stopped It at the end.
Since that day my laptop got slower and slower that I think that I should re-install the Windows again from the beginning.
Is myetherwallet same or lighter?

its faster because its sort of a web wallet

[Zinkin]

still have a problem on ETHEREUM, somehow the problem continues to occur on the network ETH

Did you try the lastest geth? I had problem before, but after the upgrade, no problem for the time being.

[Bamsed]

still have a problem on ETHEREUM, somehow the problem continues to occur on the network ETH

this is ddos attack
it will be fixed soon. so please be more patience.

https://blog.ethereum.org/2016/10/13/announcement-imminent-hard-fork-eip150-gas-cost-changes/

Announcement of imminent hard fork for EIP150 gas cost changes

During the last couple of weeks, the Ethereum network has been the target of a sustained attack. The attacker(s) have been very crafty in locating vulnerabilities in the client implementations as well as the protocol specification.

While the recent patches have led to an overall increased resiliency in the client implementations, the attacks have also demonstrated that a lower-level change to the EVM pricing model is needed.

For many users, the most visible consequence is probably that they are having difficulties getting transactions included in blocks, and full nodes are facing memory limitations in managing the bloated state.

This is our strategy to address these issues:

As a temporary measure to minimize the effects of the most recent attack, we recommend all miners to lower the gaslimit to 500K gas.
A hard-fork based on EIP 150 version 1c will be put into effect at block 2457000. This will reprice certain operations to correspond better to the underlying computational complexity.
A second hard-fork will follow shortly after, aimed at reverting the current “state-bloat” introduced by the attacks. This second fork will serve to remove accounts which are empty; lacking code, balance, storage and nonce == 0.
We have implemented the changes required in the clients and are currently extending and adding tests in an effort to prevent the introduction of consensus-breaking vulnerabilities.

And as a reminder, the Ethereum Bug Bounty is open and includes the new hardfork-implementations.

[wallflies]

 

Ethereum Classic Divided Over the Proposed Hardfork

https://www.cryptocoinsnews.com/ethereum-classic-divided-proposed-hardfork

[revelacaogr]

its related...................?


War is upon us.`


https://forums.prohashing.com/viewtopic.php?f=11&t=968

[estenity]

its related...................?


War is upon us.`

https://forums.prohashing.com/viewtopic.php?f=11&t=968

problems everywhere

[pedrosoft]

New eth client release https://twitter.com/ethereumita/status/787252347613347840

[thevictimofuktyranny]

its related...................?


War is upon us.`


https://forums.prohashing.com/viewtopic.php?f=11&t=968

Not really, Ethereum Network has been been under sustained attack since July this year and many Ethereum mining pools have been under attack long before that, it was principally driven by combination of the following "Greed" (emotion) and "Win at any Cost" (no morals and ethics) and "Everybody does Crime" (no innocents belief system).

People made $1,000,000's from trading on ETH following "The DAO" attack and some of subsequent attacks - the people with Ethereum got wise to what was going on and stopped dumping their ETH on exchanges when news of every new network attack was published.

The people who made those huge profits, got very upset and simply threw a huge tantrum.

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The current price drop in ETH is unrelated to the network attacks, it is because there have been a large number of ICO's for Tokens or ALTs raised with ETH payments.

Anyway, as the ETH raised in these ICO's is sold off for Bitcoins or Dollars or Pounds or Euros or Yuan, to finance these new Tokens or Alts white papers, the price of Ethereum has dropped temporarily.